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Finance

Stay informed with the latest updates and insights in the Charlotte NC finance sector. This category page delivers comprehensive news coverage on various financial topics, including local market trends, investment opportunities, and economic developments that directly impact Charlotte residents and businesses. Discover expert analyses on housing markets, stocks, and economic forecasts that are pertinent to Charlotte NC, ensuring you have the information needed to make informed financial decisions. Whether you are a resident, investor, or business owner, our finance news section offers a wealth of resources tailored to the dynamic economic landscape of Charlotte.

Explore in-depth articles on banking, lending, and personal finance management specific to the Charlotte NC area. Our dedicated team of financial journalists keeps you updated on local financial institutions, industry regulations, and helpful tips to improve your financial literacy. Stay ahead of the curve with coverage on community events, financial workshops, and networking opportunities that connect you with financial experts and resources. Whether you are interested in startup financing or retirement planning, our Charlotte NC finance news category encompasses the essential information you need to thrive financially in one of the Southeast’s most vibrant cities.

A local toy store in Charlotte decorated for the holidays
Business News

Charlotte Small Businesses Struggle with Tariff Increases

Charlotte, NC, December 13, 2025 Small businesses in Charlotte, NC are facing significant price hikes due to recent tariff increases, with many reporting a rise of 10% to 15% on imported products. Local retailers like Ali Cat Toys are attempting to counter these costs by partnering with American manufacturers. The furniture industry is also affected, as new tariffs on lumber are expected to raise consumer prices. Economists predict that reduced consumer

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December 13, 2025 No Comments
An illustration depicting OCC's investigation into banking access issues.
Business News

OCC Launches Investigation into Debanking Practices of Major Banks

Charlotte, NC, December 12, 2025 The Office of the Comptroller of the Currency (OCC) is investigating nine major U.S. banks, including Bank of America and Wells Fargo, over their ‘debanking’ practices that restrict banking services to certain industries from 2020 to 2023. This investigation raises concerns about equitable access to financial services, particularly for lawful businesses in controversial sectors affected by these restrictions. Comptroller Jonathan Gould emphasized the need for accountability

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December 12, 2025 No Comments
Modern office building near Northlake Mall in Charlotte, NC
Business News

Raleigh Investors Expand Portfolio with Office Building Acquisition in Charlotte

Charlotte, North Carolina, December 12, 2025 Raleigh-based investors have acquired a fully leased office building near Northlake Mall in Charlotte, reflecting the growing interest in the city’s commercial real estate market. The strategic purchase highlights consistent demand for office spaces close to major retail hubs, aligning with the investors’ initiative to diversify their portfolio. This acquisition comes amidst a trend of increased investment activity in Charlotte, where commercially viable properties are

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December 12, 2025 No Comments
Financial growth representation for Barings Participation Investors dividend announcement
Business News

Barings Participation Investors Declares Quarterly Cash Dividend

Charlotte NC, December 12, 2025 Barings Participation Investors has announced a quarterly cash dividend of $0.37 per share, demonstrating a continued commitment to shareholder value. The dividend is payable on January 16, 2026, with payments based on net investment income. This move reflects Barings’ effective asset management strategies and the resilience of the Charlotte economy, of which the company is a significant part. The Board of Trustees will meet next in

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December 12, 2025 No Comments
High-end office buildings in Charlotte, North Carolina
Business News

Charlotte Tops Nation in High-End Office Space Growth

Charlotte, North Carolina, December 12, 2025 Charlotte, North Carolina is leading the country in high-end office space growth, propelled by substantial expansions from financial firms. Recent years have shown a surge in demand for premium office spaces, with significant investments and job additions from companies like Citigroup and EY. This trend solidifies Charlotte’s stature as a rising financial hub, promoting economic growth and job creation in the region. Charlotte Tops Nation

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December 12, 2025 No Comments
Visual representation of AI integration in a bank environment
Business News

Wells Fargo Plans Workforce Reductions and AI Integration

Charlotte, NC, December 11, 2025 Wells Fargo CEO Charlie Scharf has announced significant workforce reductions planned for 2026 as part of the bank’s strategy to enhance efficiency and introduce artificial intelligence (AI) into its operations. With the workforce expected to shrink from approximately 268,531 employees to around 210,821 by 2025, understanding these trends is crucial for local entrepreneurs and small businesses in Charlotte. The drive for automation is not limited to

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December 11, 2025 No Comments
Screenshot of Truist Wealth's mobile-first investment platform.
Business News

Truist Wealth Launches New Mobile-First Investment Platform

Charlotte, NC, December 11, 2025 Truist Wealth has introduced an innovative mobile-first investment platform in collaboration with InvestCloud. This platform enhances clients’ digital experience by integrating advanced investment tools into Truist’s Mobile and Online Banking services, allowing for effective wealth management. With features like a unified digital experience, self-directed trading, and integrated research capabilities, this initiative reflects Truist’s commitment to a client-centric approach in today’s digital finance landscape, catering to modern

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December 11, 2025 No Comments
City skyline with data centers and power lines representing energy consumption
Business News

Duke Energy’s Commitment to Fair Electricity Rates Amid Data Center Growth

Charlotte, NC, December 11, 2025 Duke Energy is committed to keeping electricity rates fair for all customers despite rising energy demands from data centers. The utility plans to create a new customer class for large-load users to prevent rate increases for residential consumers. Ongoing discussions with regulators and environmental groups aim to balance energy needs and manage the impact on the power grid in North Carolina, where the demand for data

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December 11, 2025 No Comments
SPX Technologies and Crawford United acquisition handshake
Business News

SPX Technologies Acquires Crawford United for $300 Million

Cleveland, Ohio, December 11, 2025 SPX Technologies has announced its agreement to acquire Crawford United Corporation for approximately $300 million. This strategic acquisition aims to enhance SPX’s capabilities in the HVAC market by integrating Crawford United’s Commercial Air-Handling Equipment segment. The merger seeks to benefit shareholders with a significant cash consideration and is expected to close in the first quarter of 2026, positioning SPX for future growth. SPX Technologies to Acquire

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December 11, 2025 No Comments
View of a busy business district in Charlotte with banks and local shops.
Business News

Truist Financial Lowers Prime Lending Rate to Boost Local Economy

Charlotte, N.C., December 11, 2025 Truist Financial Corporation has announced a reduction in its prime lending rate from 7.00% to 6.75%, effective December 11, 2025. This decision aligns with other major banks and aims to boost economic activity in the Charlotte area. Lower borrowing costs can encourage spending for consumers and provide small businesses with better access to credit, facilitating growth and innovation in a competitive market. Truist’s commitment to supporting

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December 11, 2025 No Comments

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